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Restructuring Activities
9 Months Ended
Mar. 30, 2024
Restructuring and Related Activities [Abstract]  
Restructuring Activities

17. Restructuring Activities

In the first quarter of fiscal 2024, we initiated restructuring actions primarily intended to focus on key growth initiatives, reduce costs and align our business in response to market conditions. As a result of this restructuring, we incurred $9.1 million in restructuring charges. The restructuring costs related to these activities were recorded to the restructuring costs line item within our condensed consolidated statements of operations.

The following table summarizes the restructuring activity and related charges during the periods presented (in millions):

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

March 2024

 

 

 

 

 

 

 

 

Balance, beginning of period

 

$

0.2

 

 

$

0.2

 

Charges

 

 

(0.2

)

 

 

9.1

 

Payments

 

 

 

 

 

(9.3

)

Balance, end of period

 

$

 

 

$

 

During the three and nine months ended March 2024, the restructuring and related charges of $0.2 million and $9.1 million, respectively, was primarily attributable to severance and employee-related benefits.

During fiscal 2023, no restructuring charges were recorded.